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FOX News
Jul 30, 2011 8:00pm PDT
quote revenues. why don't we just raise taxes and that would be fine. >> because we would look like europe and i think that's what
Jul 22, 2011 1:00am PDT
europe's debt crisis and give greece more breektding room. jim boulden explains. >> after more than seven hours of talks here in brussels, the leaders of the euro-zone, the imf and the european central bank have struck a deal that they say will calm the markets, will help greece, and will help the euro. first of all, they agreed to a second loan for greece, 109 billion euros. they'll also give greece more time to pay off its bills and at a lower interest rate. the first person to come out and announce this deal was president sarkozy. this is what he had to say about the new deal for greece. >> translator: i want you to understand, fully gauge the importance of this decision. it is a weighty, mighty decision. we're saying very clearly greece is a very specific case and what we are doing for greece, we will do for no one else, no other country. >> as part of this, there's more support for what's called the esfs. this is the facility they use to help countries that are in trouble and they say it will give new rules to this lending facility and they will also be helping this facility to be mo
Jul 11, 2011 7:00pm EDT
with an upbeat outlook. but tom, not as much optimism today about debt talks in europe and in washington. >> tom: susie, fresh worries about europe sent u.s. markets sharply lower. european finance leaders spent the day trying to find common ground for the next bailout of greece. some have been pushing for private investors to take losses before european governments fork over more money. >> susie: europe's not the only place talking about deficits. the president asked democrats and republicans, "if not now, when?" and he pushed hard today for as big a deficit agreement as possible. that will require leadership and hard decisions, the president said, and not just from politicians. darren gersh reports. >> reporter: before he sat down with congressional leaders, the president said both parties talk tough about fixing the nation's debt problems, but they still aren't willing to come to the table and make hard sacrifices. and he added another group to that list: the nation's business leaders. >> the business community is a lot like everybody else, which is we want to cut everybody
Jul 12, 2011 7:00pm EDT
might need bailout. >> tom: those developments, plus continued worries about europe's debt problems spreading to italy led to a volatile day of trading on wall street. as the dust settled, the dow lost almost 60 points, the nasdaq fell 20 and the s&p 500 down about six points. the losses came on heavier trading volume-- 923 million shares on the big board and over two billion on the nasdaq. >> susie: joining us now to put all these developments in perspective, mohamed el-erian, c.e.o. and co-chief investment officer of pimco, the world's largest bond fund. >> a lot to talk about. >> there's a lot >> susie: let me begin with the fed. do you think the fed is going to come out with another round of stimulus? is it a good thing? >> well, they're divided. in the minutes some people said perhaps we need more stimulus. others said oh, no, not too fast. worry about inflation. i think what the fed is telling us for sure is two things. one is revised downward growth projection, not just for 2011, but 2012, tells us that the slow down is more than cyclical. second to they're acknowledging they
Jul 2, 2011 12:30am PDT
supporters threatening attacks against europe and series of explosions heard in his capital. welcome to bbc news, broadcast to our viewers on pbs in america and also around the globe. the return of the former thai leader's sister has high hopes for sunday. all smiles on canada day as the duke of cambridge tries out his french on the crowd. hello and welcome. a judge in new york has lifted the strict bail conditions imposed on the former head of international monetary funds of daniel strauss kahn amid-intense speculation the sexual assault case against him is faltering. he's been under house arrest in new york since posting a $6 million bail bond in may. now he's free to travel in america, although he can't leave the country, and must appear in court again later this month. this report contains is flash photography. >> a relaxed and confident dominique strauss kahn arrived at the court flanked by his loyal wife. the u.s. media reported the case against him was on the brink of collapse. in court the former i.m.f. chief had the prosecution itself raise doubts about the woman who claims
Jul 12, 2011 6:30pm EDT
second bailout of greece. >> europe's debt crisis spread dangerously far today to the third and biggest economy in the bureau's own. the interest rates and charges to borrow money have been rising. spain also faced similar pressure. two huge economies being rattled by the greek debt crisis. they gathered, not to officially discuss in italy. there used to be an assumption that this bank a country uses a euro, when lending to that country is safe. they are worried that they might not care about all of the money that they lent to greece. they might be rethinking the way they lend to countries that are heavily in debt. >> sorting of greece is crucial. finance minister say that they have now agreed to work quickly on a second bailout for greece. they said that they would increase the size of the rescue mission -- rescue mechanism currently in place. >> we have made significant progress yesterday. i am certain that shortly we will be able to present the concrete proposals so that we cannot take concrete decisions. >> that is an admission of how much working to be done. there are serious disag
Jul 1, 2011 6:00pm PDT
, colonel gaddafi was heard in an audio address to supporters, threatening attacks in europe unless nato holds his air strikes. our correspondent reports from tripoli. >> a little earlier, we heard a series of loud explosions from the center of tripoli. we're not exactly sure what was hit, but there are reports of large pulls of black smoke in the center of the city. in the last few minutes, there's been more sound of jet aircraft flying over the city. anti-aircraft fire. clearly, there does appear to be a nato operation going in and around the city of tripoli this evening. this follows the largest demonstration we've seen in many, many weeks. tens of thousands of pro-gaddafi supporters flooded into the middle of tripoli into green square this afternoon in a show of defiance and support for the gaddafi regime. it was addressed by colonel gaddafi via telephone during which he made these specific threats, to attack back, to strike back at europe. he said, we will take the battle to europe to target their homes, their office, and their family. if nato does not stop its bombing campaign
Jul 25, 2011 6:30pm PDT
the newshour, the attack in norway, and right-wing extremism in europe; and somalia's humanitarian crisis. >> sreenivasan: the new american ambassador to afghanistan was sworn in today and pledged there would be no rush to the exits. ryan crocker takes over as the u.s. begins withdrawing 10,000 troops by the end of the year. he said the u.s. has no interest in using afghanistan to influence neighboring nations. meanwhile, the nato toll in afghanistan grew by one today. an italian paratrooper was killed in an insurgent attack the west. so far in july, 44 international troops have been killed in afghanistan. the government of syria endorsed a draft law allowing other political parties to form. the move is part of a series of reforms president bashar al assad and his ruling ba'ath party promised in the face of a popular uprising. but the opposition has dismissed the law as largely symbolic. it came as syrian security forces detained more people in damascus and other cities for holding antigovernment protests. the maid who accused former i.m.f. chief dominique strauss- kahn of sexually
Jul 21, 2011 1:00am PDT
of debt crisis talks in europe. >> the same can't be said in the united states, where legislators are considering a short-term fix to the borrowing limit debacle. >>> and for all the talk of tablets, don't write off the p.c. just yet. we'll talk to intel on how it's bucking the trends in the tech sector. >>> first, leaders of the euro are racing against the clock to talk about the economies. this as an emergency summit gets under way in brussels today. there's two, pressing issues to be resolved here. one, the terms of a second bailout package for greece and also a way to keep the crisis contained to prevent it from spilling over to larger e.u. economies, such as spain and italy. there has been a hint of progress overnight. france and germany have reached an agreement on how to deal with greece. the details of the plan are sketchy so far. but nichololas sarkozy and ange merkel will be presenting it to the e.u. today. jim, it looks like we've made headway when it comes to greece. but the deals of this proposal are complicated. tell us about them. >> i wish i could tell you what the gra
Jul 31, 2011 3:30pm PDT
- culturessism attacked now, particularly in great britain and elsewhere. >> it's a huge issue in europe. muslim immigration is a huge issue in europe. in france and it's been that way -- when i was a student in france, it was a huge issue back then. it's a huge issue in germany with the turks. they have three million turks who are living in isolated communities. it's one of reasons germany would never accept turkey into the european union. so it's a very critical issue to european politics. >> it's a seminole moment for the right wing party in europe because they've been exploiting fears about immigration and fears of their culling tour being submerged by all of the immigrants. and now they really are rushing to distance themselves from this fellow, and i think people are doing -- same kind of self- examine we did after the shooting of gabby giffords, is the kind of inflammatory rhetoric is that appropriate in politics? >> why would -- >> there's been an explosion of these right wing, populous parties, gotten contact with a true fins who just had a tremendous victory. the new party is j
Jun 30, 2011 11:40pm EDT
polical moment. greece is in crisis that may have pro found consequences for europe and the global economic order. there's also china and its economic juggernaut with enormous implications. here in the united states president obama negotiat for an extension in the debt ceiling and to find the balance between the demands of growth and the peril of debt. then there's also the arab spring which some believe to be the most conditions qenl shl event of political change in the 21st century. no one knows what the consequences of it will be. we're pleased to have timothy garton ash back on this program. he's spending the summer at stanford university and he has in paper back his book which is called "facts are subversive" which we talked about when he published in the hard back. i'm pleased to have him back at this table. welcome. >> pleasure to be here. >> rose: let's talk about eece first. >> it could default andeave the euro. it could default and somehow stay in the euro. it could somehow fudge it so it doesn't que default but there's soft roover and a bit of bailout and a bit of auster
Jul 3, 2011 11:00am EDT
at the future, knowing that in europe we don't have space so much, or finance to be able to develop by ourself alone this type of new vehicles. and if we don't find the right partner, well we could disappear in this field. against italians or americans. so we have a common interest and this is business. so we will compete, but >>> euro fighter has been ordered by its four partner nations, britain, germy, britain and spain. but india is seen as critical to keep production going. we caught up with enzo cazellini at the air show. >> congratulations with india where you were chosen for the fighter competition. i want to start by asking you, how do you expect to win. how do you expect to beat euro. >> let me start by saying that we're going to -- we have cooperation with india and france. we know india, we know the country and we believe that india can make boosts from the political level and continue this full type of click collaboration with spain. >> reporter: and do you feel you have a stronger industrial cooperation package as well. >> we have also very strong cooperation. we believ
Jul 18, 2011 6:00pm PDT
breakthrough in their bid to push westward. the foreign ministers of europe have been meeting in brussels to discuss the situation in syria. they are considering a series of measures to resolve the standoff between the president and his opponent. in syria itself, anti-government protests are continuing, and activists are warning of potential civil war in the country. >> syria was top of the agenda in brussels today. eu foreign ministers pressured the president assad to reform or step down as they threaten yet more sanctions. in syria, the violence continues to escalate. this amateur video cannot be verified but reportedly shows them shooting at demonstrators over the weekend. the regime continues to rally supporters. syrian opposition groups are accusing the you of doing nothing to help, but a foreign- policy chief says that they are doing all they can. >> i think it is doing exactly what it should do. we have a delegation still on the ground. they are working with local people and talking to as many people as they possibly can. >> brussels is also looking at ways to isolate the
Jul 13, 2011 12:30am PDT
. >> europe's debt crisis spreads dangerously far today to delete. there the interest rates have been rising sharply. let's hope we don't end up like greece, this man said. spain also faced a similar pressure, two huge economies have been rattled by the greek debt crisis. europe's finance ministers gathered. it really overshadowed the meeting. >> there used to be an assumption that if a country uses the euro, lending money is basically say. the greek debt crisis has changed all that. many international investors are worried that they might not be able to get back all of the money they lent to greece. by extension, they are rethinking the terms they lent to other euro countries that are in debt. that is why the interest rate payments for italy and others are going up. sorting out greece is crucial. finance ministers from the eurozone say they have agreed to work quickly on a second bailout for greece. they also said they would increase the size of the rescue mechanism currently in place and adjusted the terms of european union loans to indebted countries like greece to make it cheaper
Jul 4, 2011 6:00pm PDT
alliance against unilaterally proceeding with plans for a missile defense system herere in europe. despite the lack of agreement come up russian president dmitry medvedev was upbeat on the meetings, saying they had been fruitful. need a's secretary general said talks would continue -- nato's secretary-general said talks would continue keeping the former head of the international monetary fund could be facing a new sexual assault investigation. of french writer is set to file charges in monday. she alleges thahat strauss-khan tried to rape her. he denies the charges and says he will sue for slander. will breeze default on its debts -- greece default on its debts? what's it all depends on how you define "defog." -- "default." new problems as monday when the standard and poor's rating agency said the leading proposal under consideration will likely bring the country into a form of the fault. the comments from standard and poor's and the first comments from our rating agency. the plan aims to encourage holders of greek government bonds, issued between now and 2013, to roll over into n
Jul 24, 2011 11:00am EDT
security of europe and the net estates. that is kind of the theme of my book. and i also believe, however, that nato is extremely important and that it has, in some way, to be redone. so let me reveal the mystery of this book, "nato 2.0: reboot or delete?." someone says, are you going to give away which one it is? will do that. it is rebuilt, not delete. i wrote this book for everyone. it is terribly important for young people to understand what nato was, is so that they can then play their part in supporting people who are trying to change it. interestingly, the name that i chose, "nato 2.0: reboot or delete?", ran into some difficulty with the search engines on online bookstores. you know, when you go in and search for a book. if you like this book you like these other books. welcome all the books there were picking out were computer books, how you make your own computer, how you removed. so i think they have that fixed. nato is one of those institutions that was set up after the second world war to help keep the peace and to reconstruct a world that have seen total devastation
Jul 12, 2011 1:00am PDT
charles hobson. anxious investors dump their stocks as europe struggles to contain its growing debt crisis. >> macarthur coal rallies on a $5 billion buyout bid. >> politics, high finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting al
Comedy Central
Jul 7, 2011 1:00pm PDT
thing about that meeting, it was two hours before his first official trip to europe. islamism, islam hardly featured. for him the whole story was about the great political rivalry with china. and in a curious way ten years later, we're sort of back at that other story about the great rivalry with china. >> stephen: this was a detour for the past ten years. >> in a curious way it looks like that. >> stephen: should i an afraid of china. should i have kept my fear on china. because i do need to know whom to be afraid of. because fear is a great motivator. >> you cannot be afraid of more than one at a time. >> stephen: no, i suppose i can. i used to be afraid of the soviet union and china at the same time. >> right. >> stephen: are we in the west, are we anything any more? is there a west if there isn't an oppositional force in the soviet union to define us? >> well, there isn't the west in the sense we had it during the cold war when the unites states states and western europe basically always got together. because we had a common enemy. >> stephen: right. >> and that's not the way it
Jul 12, 2011 5:30pm EDT
reports. >> europe's debt crisis spread to the third-biggest economy in the euro zone, italy. the interest rates have been rising sharply. let's hope we do not end up like agrees, this man said. spain faced similar pressure -- like greece, this man said. spain faced similar pressure. in brussels, the european finance ministers gathered, not to discuss italy officially. there used to be an assumption that if the country uses the hero, lending money to the country was basically -- euro, lending money to the country was basically safe. the great crisis has now changed that -- greek crisis has now changed that and they are rethinking the terms by which they lent to other countries that are heavily in debt. that is why interest rates to italy and other countries are currently going up. sorting out greece is crucial. finance ministers have agreed to work quickly on a second bailout for greece. they said it would increase the size of the rest the mechanism currently in place -- they would increase the size of the rescue mechanism currently in place and make it cheaper for them to pay off
FOX News
Jul 30, 2011 11:00am PDT
raise taxes and that would be fine. >> because we would look like europe and i think that's what the democrats and especially the president wants. europe has very high taxes and one of the ways that europe finances its massive welfare state is through a value added tax on top of the other taxes that they have. i don't knowi i don't think that's the america that american voters want, but that's the decision americans have to make. do we want to raise taxes or everybody is entitled to everyone else's money or we're going to contract this thing? >> mary? >> and just to add to steve's point, remember how we got here. we got here through the democratic golden ages and through fdr's new deal. through lb j's great society, which gave medicare, medicaid, public housing, food stamps and now, we have the pelosi congress and president obama adding 4 trillion to our debt. >> i would add the bush administration bears some credit, if i put it that way, for this. they had a prescription drug benefit that they added that they didn't finance, they didn't restrain spending on the domestic accounts whe
Jul 24, 2011 10:00pm EDT
. if it continues to go the way it is now it will become rather inconsequential for security of europe and the united states. that is kind of the theme of my book and i also believe however that nato is extremely important in some way house to be redone so let me reveal the mystery of the book reboot or delete?" somebody said will you give away which one it is? i will do that. it is every boot. i think it is terribly important for young people to understand what nato was in is so they can play their part to support people who are trying to change it. interestingly, the name that i chose "nato 2.0" reboot or delete?" ran into some difficulty with the on-line search engines to know when you search for a book you really like these other books of the other books were computer books do like your own computer? i think they are having that fixed. nato is one of those institutions set up after the second world war ii help keep the piece and to help reconstruct the world that had seen total devastation. and it has existed from that point* a strong anchor from the american and alliance and it is
Search Results 0 to 49 of about 2,216 (some duplicates have been removed)